Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Energia and Candy In Appliance JV
Dec 9, 2002
 Printable format
 Email this Article
 Search

Russia's Energia rocket and space corporation and Italian company Candy Elettrodomestici are setting up a joint venture for the production of household appliances.

The charter and constituent documents of the joint venture Energia Domestic Appliances were signed in Korolyov, in the Moscow region.

"The joint venture will produce Alpina-225 vacuum cleaners in the first stage," Energia President Yury Semenov said at the joint venture's presentation. Large-scale production of these vacuum cleaners is expected to begin next year. Energia is providing facilities for the production of vacuum cleaners, warehouses, etc. Candy Elettrodomestici produces technical documentation, parts and moulds. It is planned to produce the parts in Russia as production develops.

The organizers of the joint venture intend to improve the construction of vacuum cleaners each year. In accordance with the business plan, in four years the joint venture will produce some 250,000 vacuum cleaners annually. Energia's president said that in the future it is planned to produce other household appliances, in particular washing machines, refrigerators, and dishwashing machines. (Interfax)

Back to Daily News

 

Daily News

...........................................................

Aug 22, 2014: Could Quirky Acquire GE Appliances?

Aug 22, 2014: Existing Home Sales Up in July

Aug 21, 2014: Miele Annual Sales Up 2.2%

Aug 21, 2014: TTI Reports Record Sales

Aug 21, 2014: Stihl Annual Cycling Event Raises $539,000 So Far in 2014

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows